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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Part 2: Early-stage Regional Venture Funds. Success depends on finding startups that have identified acute customer pains in large markets where conditions are ripe for a new entrant. The cloud , open-source development tools and web 2.0 What’s Missing Is Early Stage Capital. Here’s Part 2 of Dino’s story….

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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

Of course, they could be useful in creating liquidity events, but absent bubbly environment and disrupting marketplace what is the point? Of course there have been many VC-backed successes because when new markets rise someone is going to win and many companies take the money along the way.

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Fund Raising is a Means Not an End

Steve Blank

And at this early stage you’ll be giving up a larger percentage of your firm to investors. A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit.

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Fund Raising is a Means Not an End

Steve Blank

And at this early stage you’ll be giving up a larger percentage of your firm to investors. A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit.

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Where is the best place to find a rockstar developer to bring it to life?

www.quora.com

" => I have not bothered to put up a landing page, survey to test customer demand, or done any customer development whatsoever. "Where is the best place to find a rockstar developer to bring it to life?" It's the developer's turn to ask the Biz Guy. Now we turn it around.

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Startup Resources

www.vccafe.com

VC Cafe covers early stage Israeli and European tech & mobile startups. Steve Blank on Lean Customer Development. NESTA : They invest in early-stage companies, inform and shape policy, and deliver practical programs that inspire others to solve the big challenges of the future. Customer Development.